Chandes Trendscore Technical Analysis and Chandes Trendscore Signals
Created and Developed by Tushar Chande
This indicator aims and attempts to make a quantitative/quantifiable & qualitative determination and assessment of the direction and the momentum of a trend by comparing the current closing price to the previous closing prices over the last 20 periods.
Chande Trendscore is an oscillator technical indicator, oscillating between +10 and -10 with Zero being the mid-point.
Chande Trendscore
Technical Analysis and Generating Signals
Buy Signal
A value of above Zero signify & show an upward trend of varying momentum
A value of +10 shows a strong trending upwards market
Buy Signal
Sell Trade Signal
A value of below Zero indicates a downwards trend of varying strength
A value of -10 shows a strong trending downwards market
Sell Trade Signal
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